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Please determine the correct sales revenue for FIFO and LIFO which are the wuestions I...

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Accounting

Please determine the correct sales revenue for FIFO and LIFO which are the wuestions I got wrong image
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Required information Use the following information for the Exercises 810 below. (Static) [The following information applies to the questions displayed below.] Hemming Company reported the following current-year purchases and sales for its only product. Required: Hemming uses a perpetual inventory system. 1. Determine the costs assigned to ending inventory and to cost of goods sold using FIFO. 2. Determine the costs assigned to ending inventory and to cost of goods sold using LIFO. 3. Compute the gross profit for FIFO method and LIFO method. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Compute the gross profit for FIFO method and LIFO method

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